Cemig
CIG
$2.61
Share price
1.56%
Change (1 day)
9.21%
Change (1 year)
Categories
Cemig (CIG) - P/B ratio
P/B ratio as of May 2024 : 1.45
According to Cemig's latest financial reports the company has a price-to-book ratio of 1.45.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Cemig - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.13 | -9.57% |
| 2022-12-31 | 1.25 | -3.5% |
| 2021-12-31 | 1.30 | -1.46% |
| 2020-12-31 | 1.32 | 23.66% |
| 2019-12-31 | 1.06 | -17.63% |
| 2018-12-31 | 1.29 | 113.24% |
| 2017-12-31 | 0.6059 | -19.75% |
| 2016-12-31 | 0.7551 | 25.19% |
| 2015-12-31 | 0.6032 | -59.38% |
| 2014-12-31 | 1.49 | 6.34% |
| 2013-12-31 | 1.40 | -14.82% |
| 2012-12-31 | 1.64 | -7.75% |
| 2011-12-31 | 1.78 | 26.2% |
| 2010-12-31 | 1.41 | -10.2% |
| 2009-12-31 | 1.57 | 15.49% |
| 2008-12-31 | 1.36 | -10.23% |
| 2007-12-31 | 1.51 | -2.91% |
| 2006-12-31 | 1.56 | 68.3% |
| 2005-12-31 | 0.9257 | -35.19% |
| 2004-12-31 | 1.43 | 116.03% |
| 2003-12-31 | 0.6612 | 25.4% |
| 2002-12-31 | 0.5272 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 1.55 | 7.21% | 🇺🇸 USA |
 FirstEnergy FE | 1.70 | 17.57% | 🇺🇸 USA |
 Copel ELP | 1.13 | -22.05% | 🇧🇷 Brazil |
 Vale VALE | 1.39 | -3.96% | 🇧🇷 Brazil |
 Companhia Siderúrgica Nacional
SID | 0.8971 | -37.97% | 🇧🇷 Brazil |